The reason he lost "Politically Incorrect" was because ABC/Disney received a ton of heat for his 9-11 remarks where one of his guests made a remark that the terrorists were cowards, and he said the U.S. was because we kick back and launch our bombs at (fill in country of the moment).
A lot of advertisers pulled their ad spots, and Disney/ABC received so much heat over it, they cancelled him. He then moved over to the old Dennis Miller spot on HBO.
Personally, I enjoy the HBO show (Real Time) a lot more than Politically Incorrect when both on ABC/Comedy Central. In 30 minutes he barely had a chance to get into issues because there was a lot of fighting or talking over one another.
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Enough Said. 
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